Earlier this week, Netflix announced its new moms and dads can take off as much time as they want during the first year after their child's birth or adoption.

By announcing this policy, Netflix has joined the ranks of several major companies that have already instituted radical parental leave policies at odds with the US's lack of mandatory paid parental leave policies.

While US policymakers have been slow to acknowledge the benefits of guaranteeing paid time spent with a new child, companies like Netflix say they want their employees to be able to balance the needs of their growing families without worrying about work or finances.

"Experience shows people perform better at work when they're not worrying about home," Tawni Cranz, Netflix's chief talent officer, wrote on Netflix's blog. "This new policy, combined with our unlimited time off, allows employees to be supported during the changes in their lives and return to work more focused and dedicated."

Here are some companies that are making life for new parents that much better with generous parental leave policies:

New parents at Netflix take as much paid parental leave as needed for up to one year after the birth or adoption of a new child, and they can choose to return full-time, part-time, and take additional time off as needed.

Birth moms at Twitter can receive up to 20 weeks of full pay, while other new parents receive up to 10 weeks for "bonding time."

Come November 1, 2015, when Microsoft's new benefits policy goes into effect, parents can get 12 weeks of fully-paid leave, birth moms get an additional eight weeks of fully-paid leave, and if the birth mother chooses, she has the option of going on short-term disability for the two weeks before her due date. And as an added bonus, Microsoft employees can choose to take 12-week parental leave either all at once or in spurts.

New parents at Facebook and Instagram can take 17 weeks of paid parental leave, which can be used all at once or spread out during the course of a year.

Birth mothers at Google receive 18 weeks of fully-paid leave, while primary caregivers receive 12 weeks and other caregivers receive seven. This leave not only includes full pay but also stock vesting and benefits.

New parents at Reddit can take 16 weeks of paid leave during the first year after the birth or adoption of a child. This time must be taken in a minimum of two-week intervals.

Bank of America offers up to 12 weeks of paid parental leave and allows another 14 unpaid weeks for new parents.

New moms at the law firm are offered up to 13 weeks of fully-paid maternity leave, while adoptive parents and new dads get 12 weeks.

Birth mothers at Ernst & Young receive 12 weeks of fully paid time off following the birth of a child and can receive an additional two weeks of paid leave before the birth if a doctor suggests it. All other parents that are the primary caregiver can receive up to six weeks paid leave, and non-primary caregivers get two weeks of parental leave after the baby arrives.

Yahoo offers up to eight weeks paid leave for any Yahoo employee that has a new child while employed at Yahoo. Birth mothers can receive up to an additional eight weeks paid leave.

Adoptive parents and new dads at Deloitte can receive up to eight weeks of fully-paid leave, while new birth mothers receive up to 14 weeks of fully-paid leave.

All parents at Patagonia are offered eight weeks of paid leave and an additional eight weeks of unpaid leave.

New moms at the Ivy League university may receive up to 10 weeks of fully-paid maternity leave, and new dads and adoptive parents are offered up to eight weeks.

Primary caregivers at Arnold & Porter can receive up to 18 weeks of fully paid leave, which secondary caregivers receive up to six weeks.

Genentech offers new parents six weeks of paid leave. After this time, parents may take an additional six weeks of unpaid leave over the course of the new child's first 12 months.